Sentence examples for education expense from inspiring English sources
In particular the issue that makes these private student loans so easily dischargeable in bankruptcy is the fact the school was not a "eligible educational institution" or that the loans were for a "qualified higher education expense".
They also spend a lot on other goods and services produced in an economy in which health care and education expense is a significant share of labour costs.
In a Coverdell, however, the account holder pays no taxes as long as the money is used for a qualified education expense.
If the programmer wanted to become an emergency room nurse, the education expense would not be tax deductible because it is a different line of work.
Those who hire consultants can work with them for a few weeks or many months, and pay anywhere from several hundred dollars to thousands of dollars (not tax deductible as an education expense) depending on the services and time needed.
Either way, Guild's platform makes it a lot easier for companies to turn this education expense into an employee perk by enabling their staffers to earn college credits and pursue undergraduate and graduate degrees.
For 2005, the IRSs 82-page Publication 970, Tax Benefits for Education, lists 11 tax breaks for qualified higher education expenses, including the Hope and Lifetime learning credits, the tuition deduction and the deduction for student loan interest.
With Education IRAs, also known as Coverdell IRAs, money grows tax-free for education expenses.
The credits include those for education expenses and for child and dependent care expenses.
Today, students and parents are shouldering more than 50 percent of higher education expenses, primarily through loans.
The earnings, $188,000, would escape taxation when used for qualified education expenses.
